Middle Office Analyst

Schroders•New York, NY

About The Position

About Schroders Group Schroders is a leading provider of active asset management, advisory and wealth management services and is widely recognised as a leader in sustainability. Few investment managers can match the combination of capabilities and global reach that Schroders offers. This breadth of services across public and private markets allows for distinctive solutions for the diverse needs of clients, who look to Schroders to provide superior long-term investment outcomes. Schroders Capital Schroders Capital is the private markets business of Schroders with $97bn of AUM. We work as a global network of specialised, entrepreneurial teams. We combine a global perspective with local market expertise to serve institutional and private wealth clients. Our offering spans the private markets universe and provides access to unique capabilities across private debt and credit alternatives, real estate equity, private equity, and infrastructure equity. The firm has deep expertise in creating bespoke solutions for institutional clients and is committed to providing scalable capabilities across the spectrum of risk, return and sustainability and impact objectives. Supported by the resources, experience, and institutional framework of one of the world’s leading asset managers, Schroders Capital is dedicated to helping investors achieve their goals and is at the forefront of product innovation to meet the evolving needs of investors. We see our role as being a driver of positive change drawing on deep skills to select, acquire, and improve the assets we own. The Team This role is part of a newly established team within the Private Debt and Credit Alternatives (PDCA) Operations platform, which provides relevant operational support to it’s overall funds and mandates portfolio. The position is ideal for a motivated individual with previous, operational experience.

Requirements

Business school degree or university degree and/or Qualified Accountant
Minimum of 3-5 years of experience in Middle Office, Audit or an Accounting firm, preferably within private markets.
Strong understanding of public & private markets products and overall operations.
Proficiency in middle/back-office systems and financial software (prior experience with systems such as Aladdin, eFront, or similar is advantageous).
Advanced Excel skills and familiarity with data management tools.
Excellent analytical and problem-solving abilities.
Strong attention to detail and organizational skills.
Ability to work under pressure and manage multiple priorities simultaneously.
Effective communication and interpersonal skills.
Able to work autonomously, keeping your superiors abreast of status as necessary

Nice To Haves

prior experience with systems such as Aladdin, eFront, or similar is advantageous

Responsibilities

Ensure oversight and control mechanisms in terms of quality and accuracy in the execution of middle office tasks such as: Oversee the services provided by service provider teams (internal and external) incl. support in DD’s and review on SLA’s
Support the acquisition of new private transactions by assisting the investment & operations team in the execution process.
Manage counterparty due diligence, subscription documentation and KYC requests for new and existing private credit investments, ensuring required documentation is complete.
Coordinate with investment, legal, operations and external counterparties on funding mechanics, settlement conditions, asset delivery requirements and post-close operational handover.
Support new product launches, system enhancements and operating model changes by defining requirements and confirming that processes operate as intended.
Coordinate custody operations, including settlement queries, private loan funding cash instructions, credit facility cash instructions and timely follow-up of outstanding items.
Support loan administration activities, including instructing return of capital and income bookings for private deals and monitoring loan lifecycle events.
Support security fair value pricing processes by coordinating inputs, reviewing valuation support, tracking approvals and ensuring pricing outputs are reflected accurately in relevant systems.
Support performance monitoring and delivery by reviewing performance data, PCAP statements, private fund performance outputs and related reporting before distribution to stakeholders.
Maintain accurate records of activities in internal systems.
Ensure relevant data governance & controls across all platforms, bespoke tools and processes.
Generate and distribute regular and ad-hoc reports on data accuracy and effective control environment.
Coordinate benchmark setup requests and related reference data requirements to support performance and reporting processes.
Support risk management activities by providing timely updates on potential issues.
Ensure compliance with all relevant regulatory requirements and work with others to ensure Schroder group policies are adhered to and that existing procedures/practices and processes are refined to reduce operational risk and internal policies.
Collaborate with the compliance team to implement and monitor adherence to established guidelines.
Identify and implement process improvements to enhance efficiency and reduce operational risk.
Develop and maintain best practices for middle office operations in the context of PDCA (initially focused on Securitized Products & Asset backed Finance).
Provide training and support across PDCA on operational processes and systems.
Complete other ad-hoc projects and tasks from time to time.
Act as a central point of contact for all middle office-related inquiries from internal and external stakeholders.
Build and maintain strong working relationships with investment teams, operations, corporate functions, further internal and external service providers, etc.